INTERNAL AUDIT AND CONTROL

It is the policy of Saudi Oger Limited to maintain and support the Internal Audit and Control Division as an independent internal appraisal function to examine and evaluate the Company's activities as a service to management. The Internal Audit and Control Division is considered administratively a division of the Company and reports functionally to the General Manager.

The primary objective of the Internal Audit and Control Division is to assist members of the Company's management in the effective discharge of their responsibilities. To this end, internal auditing will furnish these members with analysis, recommendations, counsel and information concerning the activities reviewed.